The console market is going through major changes as hardware prices stay high and first party needs to pivot audience strategy. Nintendo may be struggling to find a break-even for its Switch successor, prompting a later release than we anticipated. Also: Embracer Group woes continue, Hasbro loses a ton.

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TIME STAMPS

• [00:01:12] - Sony Earnings for Q3 FY24
• [00:18:37] - Starbreeze Earnings for FY23
• [00:26:13] - Embracer Group Earnings for Q3 FY24
• [00:41:48] - Bandai Namco Earnings Notes for Q3 FY24
• [00:43:48] - Hasbro Earnings Notes for FY23
• [00:46:46] - Xbox Reveals Multiplatform Plans
• [00:49:10] - Epic Games Store Year in Review 2023
• [00:52:22] - Investment Interlude
• [01:04:24] - Quick Hits
• [01:13:12] - Labor Report
• [01:22:11] - What Happens if the Switch 2 Doesn't Come Out in 2024?
• [01:36:13] - Listener Questions

SOURCES

• Sony Earnings for Q3 FY24 | Sony
• Starbreeze Year-End Report | Starbreeze
• EMBRACER GROUP PUBLISHES INTERIM REPORT Q3 | Embracer Group
• Financial Highlights for the Third Quarter of the Fiscal Year Ending March 31, 2024 | Bandai Namco
• From Software now owns the Elden Ring IP | USPTO
• Magic, D&D maker Hasbro lost over $1bn in Q4, predicts WotC revenue decline in 2024 | BoardGameWire
• Xbox's Promise to Bring More Games to More Players Around the World | Xbox Wire
• Xbox's Alleged Multiplatform Plans are Making People Angry Prematurely | Virtual Economy
• Epic Games Store 2023 Year in Review | Epic Games
• Epic Games Store is Coming to iOS | Epic Games (@EpicNewsroom) on Twitter
• Genvid Suffers Layoffs | Seana Cavanagh on LinkedIn
• Daybreak confirms "less than 15" layoffs | GamesIndustry
• Scopely layoffs hit Kingdom Maker team | Games Industry
• Disco Elysium studio laying off nearly 25% of its staff⁠—including the final remaining writer from the original game's credits | PCGamer
• Everywhere and Mindseye developer Build a Rocket Boy announces layoffs | PCGamesN
• Global layoffs at Gameloft as staff in Ukraine and Canada confirm redundancies | Pocket Gamer
• Embracer-owned studio Flying Wild Hog has unionized | Game Developer
• Things at Toys for Bob may not be so dire | @MauroNL on Twitter
• Sources: Nintendo Switch 2 will now launch in 2025 | VGC

INVESTMENT INTERLUDE

• Games corporate and VC funding falls 75% to $2.7B in 202 | GamesBeat
• Monumental to acquire Game Circus | GamesIndustry
• Former EA and King leaders establish new studio Cult of the North | Game Developer